Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Breaking: US House passes Trump’s “Big, Beautiful Bill”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
US ISM Services PMI improves to 50.8 in June vs. 50.5 expected
ISM Services PMI for June came in better than expected.US Dollar Index stays in positive territory near 97.00.The business activity in the US services sector expanded at a modest pace in June, with the Institute for Supply Management's (ISM) Services … [Continue reading]
GBP/USD Forecast: Pound Sterling rebounds but remains vulnerable
Political jitters in the UK weighed heavily on Pound Sterling on Wednesday.The near-term technical outlook highlights a lack of bullish momentum.The US economic calendar will feature Nonfarm Payrolls data for June.GBP/USD came under heavy bearish … [Continue reading]
GBP/JPY remains under pressure around 196.00 amid rallying UK bond yields
GBP/JPY sees vulnerable as a significant increase in UK bond yields has weighed on the Pound Sterling.UK bond yields rallied after Chancellor Reeves presented new welfare bill.BoE Taylor sees five interest rate cuts this year.The GBP/JPY pair trades … [Continue reading]
Japan Jibun Bank Services PMI above expectations (51.5) in June: Actual (51.7)
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Fed’s Barkin: Expect some tariff inflation, but also consumer pushback
Federal Reserve (Fed) Bank of Richmond President Tom Barkin gave an interview on Fox Business on Wednesday, reaffirming that the Fed is broadly in no rush to cut interest rates in the face of potential fallout from the Trump administration's … [Continue reading]
Ripple Price Forecast: XRP flaunts optimistic technical structure as Ripple expands stablecoin transfers
XRP consolidates below the 50-day EMA resistance at $2.20 amid prolonged market indecision.Ripple has signed a strategic partnership with OpenPayd, integrating Ripple Payments with the Euro and the Pound Sterling.The collaboration allows Ripple to … [Continue reading]
United States MBA Mortgage Applications: 2.7% (June 27) vs 1.1%
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
France Budget Balance fell from previous €-69.3B to €-93.97B in May
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]